LaunchLab vs. Pump.fun: Solana’s meme coin factory sparks fresh rivalry in token creation

Raydium’s LaunchLab, introduced on April 17, 2025, achieved a graduation rate of 1.14% by generating 3,787 tokens. In contrast, Pump.fun has created over 600,000 tokens with a daily average rate of 1.13%. Raydium’s fee model and utility features might enhance its competitive edge.

While Raydium LaunchLab presents promising capabilities, competitors like Pump.fun maintain lead with established community trust. Other platforms like SunPump and Dgen.fun show marginal performance, emphasizing the ongoing rivalry in meme coin development within the Solana ecosystem.